Other · DOL Form 5500 · 2024

Caromont Health, Inc. Retirement Plan

Data updated 2026-07-24

$511M
Total assets
4,913
Participants
97th
Percentile by assets
$103,970
Avg per participant
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Official DOL plan name: Caromont Health, Inc. Retirement Savings Plan · Sponsored by Caromont Health, Inc. · North Carolina · Healthcare & Social Assistance

$511M in assets, 4,913 participants

Caromont Health, Inc.'s Caromont Health, Inc. Retirement Savings Plan reported $511M in total assets and 4,913 participants in its 2024 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 116,472 plans)

Coverage in North Carolina

Caromont Health, Inc. Retirement Savings Plan covers 4,913 participants in North Carolina, 5.8x the typical North Carolina plan (state average ~846 per filing). Assets: $511M.

$511M
total plan assets (2024 EOY)
4,913
covered participants
97th
percentile by assets (of 116,472 plans)
$103,970
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Caromont Health, Inc. Retirement Savings Plan end-of-year assets rose from $444M in the plan year 2023 filing to $511M in the plan year 2024 filing.
  • Caromont Health, Inc. Retirement Savings Plan reported participants rose from 4,458 in the plan year 2023 filing to 4,913 in the plan year 2024 filing.
  • Caromont Health, Inc. Retirement Savings Plan reported net income fell from $69M in the plan year 2023 filing to $67M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Caromont Health, Inc. Retirement Savings Plan reports 4,913 participants - 5.8x that state average ($511M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$444M
Net Assets (End of Year)$511M
Net Income$67M
Employer EIN581636959
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Caromont Health, Inc.)

$550M$560M$570M$580M$590M$600M 202220232024 $587M $569M ▼ -3.1%
Total plan assets by year, all Caromont Health, Inc. plans on file
Year Plans Participants Total Assets
2022 2 4,920 $587M
2023 2 5,116 $557M
2024 2 5,532 $569M

Nearby Other Plans in North Carolina

Peer Other plans, same state, same plan type, ranked by total assets.

Caromont Health, Inc. Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants

Caromont Health, Inc. Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 -5051015 Total assets ($B) Participants Caromont Health, Inc…The Duke University …Wake Forest Baptist …The Moses H. Cone Me…Wake Forest Universi…Firsthealth of the C…
Caromont Health, Inc. Retirement Savings Plan vs. nearby Other plans in North Carolina, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Caromont Health, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Caromont Health, Inc. Retirement Savings Plan assets move in 2024?
Caromont Health, Inc. Retirement Savings Plan grew sharply - up 15.0% during 2024, from $444M to $511M. Reported net income was $67M.
How have Caromont Health, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Caromont Health, Inc.'s sponsor-wide assets declined 3.1%, from $587M to $569M.
Where does Caromont Health, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Caromont Health, Inc. Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Caromont Health, Inc. Retirement Savings Plan?
Among Other plans in other states, the closest by assets is All Childrens Health System, Inc. 403(b) Savings Plan in FL ($514M, 3,838 participants).

Next read for Caromont Health, Inc. Retirement Savings…

Filing takeaways

Ways to act on Caromont Health, Inc. Retirement Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581636959.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.